Actuarial Graduate – London

Actuarial Graduate – London

Start Date: September 2026

Rotations: Reserving, Capital Management, and Pricing

Salary: £35,000

Contract Type: Permanent

About the Opportunity

At Hiscox, we believe in empowering early careers talent to make a real impact from day one. As an Actuarial Graduate, you’ll play an active role in projects that matter, develop your skills through hands-on experience, and shape your own career path in a supportive and inclusive environment.

What You’ll Do

• Make an Impact: Contribute to meaningful projects that support our business goals and help our teams deliver value to customers, colleagues, and communities.
• Learn and Grow: Rotate through three core actuarial teams—Reserving, Capital Management, and Pricing—gaining practical experience and a broad understanding of how actuarial work drives our business.
• Collaborate: Work closely with colleagues across the business, building relationships and learning from a diverse range of perspectives.
• Develop Skills: Access structured learning, on-the-job training, and resources such as LinkedIn Learning to support your personal and professional growth.
• Be Supported: Receive guidance from your team, the Early Careers team, and a dedicated Grad Buddy to help you succeed.

Your Rotations

During the programme, you’ll complete three rotations:

• Reserving: Help ensure we have the right funds set aside for future claims by building and improving reserving models, analysing risks, and communicating insights to stakeholders.
• Capital Management: Support business decisions by producing risk profiles, contributing to capital modelling, and providing analysis that informs strategy and regulatory requirements.
• Pricing: Work with large data sets to develop pricing models, support underwriters, and provide analytical insights that drive profitable growth across our business units.

Each rotation is designed to give you a well-rounded foundation for your future career in actuarial science.

What We’re Looking For

We welcome applications from candidates of all backgrounds and experiences. You’ll thrive in this role if you are:

• Curious and eager to learn, with a growth mindset.
• Detail-oriented and comfortable working with data.
• Analytical and able to think critically about challenges and opportunities.
• Able to communicate effectively with a wide range of people.
• Open to feedback and willing to share your ideas.
• Motivated to contribute to a collaborative and inclusive team culture.

Requirements:

• 2:1 (predicted or obtained) in a numerate degree discipline (UK or international equivalent)
• Fluent business English
• Permission to work in the UK

Our Commitment to Inclusion

We are committed to building a diverse and inclusive workplace where everyone can be themselves and reach their full potential. We encourage applications from all backgrounds, and we are happy to discuss flexible working arrangements.
If you require any adjustments to the application process, please let us know.

What We Offer

• Competitive salary and benefits, including 25 days annual leave (increasing year-on-year), Hiscox Days, a 4-week paid sabbatical after every 5 years, health and wellbeing support, and gym-subscription reimbursement.
• A competitive study package, including dedicated study leave and exam pass financial rewards.
• Opportunities for professional qualification and career progression.
• A permanent contract from day one, with support to move into a new role at the end of the programme.
• A global network of peers and colleagues.